Payne, Ohio is a small village in Allen County with a population of 45880. Rent for a two-bedroom apartment here is considerably lower than the US average of $1430, at just $800. The cost of living index is also lower than the US average, with groceries costing 90 compared to 100 on average elsewhere in the country. Companies located in Payne include industrial manufacturing firms such as Grob Inc and R S Tool & Manufacturing, and agricultural businesses such as Dues Nursery and Bodenmiller Farms. There are also service industries like Erhart’s Auto Repair and Designers Touch Hair Salon providing local residents with necessary services.
Payne (zip 45880) has an unemployment rate of 3.8%. The US average is 6.0%.
Payne (zip 45880) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Payne (zip 45880)
- The Sales Tax Rate for Payne (zip 45880) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Payne (zip 45880) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Payne (zip 45880)
- The average income of a Payne (zip 45880) resident is $24,682 a year. The US average is $28,555 a year.
- The Median household income of a Payne (zip 45880) resident is $77,539 a year. The US average is $69,021 a year.